Source: the New York City Department of Cultural Affairs
Details of the plans were announced on Friday by the NYC Economic Development Corporation and NYC Department of Cultural Affairs. The arts nonprofit ArtBuilt Brooklyn will develop and oversee the space, which will host up to 50 artists. Slated to open later this year, the terminal will offer studios between 250 and 4,000 square feet with affordable, long-term leases. “New York’s creative community is an extraordinary source of energy and vitality for our city,” said Cultural Affairs Commissioner Tom Finkelpearl in a statement. “But for artists to continue to thrive and produce work that connects with communities throughout the five boroughs, we need to keep New York a place where they can afford to live and work.”
Lets hope this news turns out to be as good as it sounds…